NOT LISTED FOR SALE

Estimated Value: $386,000 - $420,000

6 Beds
3 Baths
2,440 Sq Ft
$165/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $291,500 $119 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,814/month

56 Days on Market

Highlights

  • Deck
  • Attic
  • 1 Car Detached Garage
  • Property is near public transit
  • No HOA
  • Porch

About This Home

As of June 2021

All 3 units are rented! New roof (partial), furnace, and garage all in the last 10 years. New deck and porch installed in October 2020! This income producer is in a desirable quiet area yet close to retail and grocery stores. All units have 2 bedrooms and a full bath. One unit has recently been freshly painted. 1 car garage for landlords storage. Large level fenced in back yard. Separate electrical panels and water heaters for each unit. Oil heat is included with the rent. Washer and dryer in basement for each unit. Wide driveway for ease of 2 tenants. Gravel driveway for other tenant. Nothing for the new landlord to do but collect the rent. One lessee is a long term tenant. All tenants have expressed interest to stay, they are very happy here!

Last Agent to Sell the Property

James Foley

William Raveis Real Estate License #RES.0798564 Listed on: 03/02/2021

William Raveis Real Estate

Co-Listed By

Linda O'Hara

William Raveis Real Estate License #RES.0063231

Last Buyer's Agent

Kurt Bauknecht

Sette Real Estate LLC License #REB.0758711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,440 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Storm Doors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $34,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,443

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2440
  • Public Record Living Room Sq Ft: 2280
  • Total Sq Ft: 2440
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Medical Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4888
  • Directions: Rt 66 to Washington St to Boston Rd to Beverly Hts.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 14

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt, Crushed Stone

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.2800
  • Lot Description: Level Lot
  • Zoning: R-15

Multi Family

  • Gross Annual Income: 34380
  • Net Operating Income: 26240
  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6443
  • Total Assessed Value: 145780
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 8.400
  • Mil Rate Total: 44.200
  • Assessor Parcel Number: 1003793

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 16, 2021
Sold by
Augeri James J
Bought by
Karim Mohamed L and Labonno Asma A
Seller's Agent
James Foley
William Raveis Real Estate
Buyer's Agent
Kurt Bauknecht
Sette Real Estate LLC
List Price
$279,900
Sold Price
$291,500
Premium/Discount to List
$11,600
4.14%
Current Estimated Value
$393,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,858
Avg. Annual Appreciation
6.80%
Original Mortgage
$218,625
Outstanding Balance
$200,080
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,251
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Karim Mohamed L $291,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karim Mohamed L $218,625
Previous Owner Augeri James J $107,000
Previous Owner Augeri James J $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $291,500 +4.1% $119 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $279,900 -- $115 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,919 $215,180 $55,140 $160,040
2023 $7,553 $215,180 $55,140 $160,040
2022 $6,414 $145,780 $34,720 $111,060
2021 $6,414 $145,780 $34,720 $111,060
2020 $6,443 $145,780 $34,720 $111,060
2019 $6,473 $145,780 $34,720 $111,060
2018 $6,371 $145,780 $34,720 $111,060
2017 $5,912 $139,430 $42,410 $97,020
2016 $5,745 $139,430 $42,410 $97,020
2015 $5,521 $139,430 $42,410 $97,020
2014 $5,577 $139,430 $42,410 $97,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170374719

SmartMLS

APN: MTWN-000014-000000-000089